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Daily Archives: January 12, 2017

ExxonMobil is likely to drill a second well at its latest reservoir –Payara- by mid-year to determine the volume and quality of that company’s latest oil-find offshore Guyana. ExxonMobil’s Country Manager, Jeff Simon said “we found something and we need to find out a bit more about the deposit itself and we most likely would drill another well.” Minister of ...

Trinidad and Tobago former Minister of Energy, Kevin Ramnarine on Thursday urged Guyana to keep politics out of a state-owned oil company that it plans to establish to help govern the sector. “Insulate your State enterprises from the politics and I believe that a percentage … so I would recommend that whatever State companies you form-it doesn’t have to be ...

Just one year after being pardoned by President David Granger, 26-year-old Tiffany Peters has found herself yet again before the court. Peters, a former cashier attached to the Magistrates Court, today reappeared before Chief Magistrate Ann McLennan for stealing money from the court. It is alleged that between January 12, 2012 and august 7, 2012, Peters stoke $1.1million from the ...

Opposition Leader Bharrat Jagdeo is apologising for a facebook post which appeared on his official facebook page in the height of the Red House eviction saga. Jagdeo said one of his pages’ administrators made the erroneous facebook post saying ranks from the Guyana Defense Force and the Guyana Police Force had ripped down the signs at Red House in Kingston ...

Opposition Leader Bharrat Jagdeo is still awaiting word from the Presidency Ministry on a suggested meeting with President David Granger on the appointment of a GECOM chairperson, but Jagdeo said, should the meeting happen, he would put forward the Caribbean Court of Justice, headquartered in Trinidad and Tobago, interpret the legislation. Jagdeo said he is open to meeting with the ...

Four persons, including employees of the National Insurance Scheme (NIS), have been detained in connection with a multi-million dollar burglary at that Social Security entity’s Pouderoyen branch, West Bank Demerara. More than GYD$4 million were carted off from a safe that was blow-torched by the robbers. A revolver was stolen from one of the guards on duty, police were told. ...

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil announced Thursday positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery. “This important discovery further establishes the area as a significant exploration province,” said Steve ...

34-year-old Colvin Johnson known as ‘Gun-Butt’ was this morning critically stabbed in the prisoner holding cell of the Georgetown Magistrates Court. Details are sketchy as prisoners in the cell remain silent on what transpired. The prisoner was reportedly stabbed to the side and beaten, suffering a broken nose. Johnson, of East Ruimveldt Housing Scheme, was charged and put on remand ...